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ACN Newswire

Malabar Gold & Diamonds Continues Rapid Expansion; Opens its 300th Global Showroom in Dallas, USA

February 4, 2023

DALLAS, TX, Feb 4, 2023 - (ACN Newswire via SEAPRWire.com) - The grand inauguration of the 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a strong retail network of 300 showrooms across 10 countries, was held in Dallas, USA.Ms. Susan Fletcher, Collin County Commissioner and Mr. Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the presence of Mr. Shamlal Ahamed, Managing Director, International Operations. The event was virtually attended by Mr. M P Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. O Asher, Managing Director, India Operations, other team members, well-wishers and dignitaries."It is a moment of great pride for us as we touch the 300th mark with this new showroom in Dallas, USA. We started off with a small showroom in Calicut, Kerala, India and today, in less than 30 years, we have a strong retail presence of 300 showrooms across 10 countries; all thanks to our customers, shareholders, employees and other stakeholders. We will continue to strengthen our retail presence in the regions where we have established a robust presence, as well as enter new markets with our differentiated products, services and assurances. The acceptance and patronage received by the brand gives us the confidence to further speed up the expansion process in becoming the No. 1 jewellery retailer globally," said Mr. MP Ahammed, Chairman, Malabar Group.Malabar Gold & Diamonds currently operates in 10 countries and has immediate expansion plans into the UK, Bangladesh, Australia, Egypt, Canada, Turkey, South Africa. The future expansions are expected to create approximately 6,000 job opportunities in the retail, manufacturing, technical and management areas related to jewellery trade."Malabar Gold & Diamonds has played a vital role in making Indian jewellery more acceptable and trustworthy at the global level in recent years. We are now crafting unique experiences targeting the individual and specific preferences of our customers. As the design discovery and initial decision-making of most customers are happening online these days, we are focusing greatly on strengthening our omnichannel retail strategy, for which we are making use of the services of global technology giants like Microsoft, IBM, Accenture, E&Y, Deloitte etc..," said Mr. Abdul Salam KP, Vice Chairman, Malabar Group.Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the 'Malabar Promise' of incomparable quality and service assurance. Malabar Promise includes assured lifetime maintenance from any of the showrooms across 10 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, zero deduction gold exchange, complete transparency, 916 hallmarked pure gold, responsible sourcing, fair price policy and fair labour practices."We are very excited about our future growth plan and will immediately be expanding into new markets, including the UK, Bangladesh, Australia and Canada, followed by Egypt, Turkey & South Africa. Apart from this, we will further strengthen our retail footprint within the existing markets as well. We constantly make efforts to evolve in line with the diverse preferences of our multicultural and multinational customers, as part of which we will focus further on product variety and a superior shopping experience, in addition to opening more stand-alone stores for local customers of the respective regions," said Mr. Shamlal Ahamed, Managing Director, International Operations, Malabar Gold & Diamonds.The new showroom in Dallas has a stunning display of more than 30,000 jewellery designs from 20 countries across gold, diamonds, precious gems and platinum, catering to the design preferences of those residing in and around Dallas."We have an ambitious retail expansion plan in India as well, especially in the North and Central Indian states and are gearing up in a big way to enter new territories as well by setting higher standards in the jewellery trade. We understand the sensitivity of the industry and ensure compliance through responsible sourcing, ethical business practices, and transparent and professional fund management. Our association with trade bodies, financial houses, and government regulators help to ensure that our operations are infallible globally," said Mr. O Asher, Managing Director, India Operations, Malabar Gold & Diamonds."We will further strengthen our manufacturing capabilities to support our retail expansion drive globally. We will also be hiring skilled artisans and related staff as part of this process. This will also further bolster our mission, 'Make in India, Market to the World.' Keeping in line with the brand's outlook as a responsible jeweller, all our ongoing and upcoming facilities have and will be designed to provide safe and pleasant working conditions to the employees," said Mr. Nishad AK, Group Executive Director, Manufacturing & B2B, Malabar Group. Malabar Group believes that the most successful companies are those which integrate responsibility and sustainability into their core business and commit 5% of their profit to support socially responsible purposes both in India and abroad, since its inception in 1993. Hunger, Health, Education, Women Empowerment, Housing and Environment are the key focus areas for the Group.About Malabar Gold & Diamonds Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. With an annual turnover of $4.1 billion, the company currently ranks as the 6th largest jewellery retailer globally and today has a strong retail network of 300 outlets spread across 10 countries in addition to multiple offices, design centers, wholesale units and factories spread across India, Middle East, Far East & USA. The group, owned by more than 4,000 shareholders, has more than 16,500 professionals from over 26 countries working towards its continued success. Malabar Gold & Diamonds also features an online store www.malabargoldanddiamonds.com providing customers the opportunity to purchase their favorite jewelry at any time and on any day from the comfort of their homes.The group also operates MGD, Lifestyle Jewellery, a retail concept offering trendy and light weight jewellery that represents the independent and the modern woman through its designs and collections.CSR has been the primary commitment of the group since its inception; integrating ESG (Environmental, Social & Governance) principles into the core business. The key CSR focus areas of Malabar Group are Hunger, Health, Education, Women Empowerment, Housing, and the Environment. The ESG goals of the organization are periodically strengthened by integrating responsibility and sustainability to remain a socially conscious and responsible organization. The group contributes 5% of its profit to such initiatives in the same country of operation.Ganesh Somwanshiganesh@bloomingdalepr.comManaging Director- APAC Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

JCB launches integrated #BetterWithOmotenashi campaign to drive brand awareness across Europe

January 19, 2023

TOKYO & LONDON, Jan 19, 2023 - (JCN Newswire via SEAPRWire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today launched a new European-focused brand marketing campaign, dubbed #BetterWithOmotenashi. The eye-catching campaign visuals highlight the company's distinct proposition, Japanese heritage, and its focus on being a valuable service-led brand, dedicated to providing customer excellence. Developed in collaboration with the global B2B marketing and branding specialist agency, Transmission, the new campaign showcases unique themes and striking illustrations. These are tied to JCB's expertise and brand values, and mark the start of a refreshed and transformed brand identity for the payments giant across Europe.As a prestigious payments brand in Japan and across Asia, JCB is focusing its efforts on increasing international brand awareness amongst its key target audience, including acquirers and merchant partners across the European region. Launching across key regions, including the UK, Germany and France, the campaign emphasises the Japanese principle of omotenashi, JCB's business ethos of placing importance on the highest standards of hospitality, care, support and understanding. Through these principles, which are at the heart of JCB's approach to partnerships, the company hopes to build a refreshing and unique way of doing business in Europe.An initial brand audit and benchmarking process found that JCB Europe had strong brand equity in the following four areas:- Asian cardmember insights and specialism- Bringing a valuable customer base to acquirer and merchant partners- Collaborative customer-centric partnerships based on trust and reliability- A strong commitment and dedication to Japanese business principlesBuilding on these research insights, the #BetterWithOmotenashi campaign positions JCB as a global payments brand, with a valuable cardmember community, combined with the company's intrinsic business focus of its omotenashi principles.To bring the campaign to life and differentiate it from the photography-led campaigns of other payments brands, JCB and Transmission partnered with renowned British illustrator and artist, Brian Grimwood, to develop bespoke illustrations, invoking the brand's heritage and focus on service through care and understanding.Following a successful test phase in Q4 2022 across social media and programmatic advertising, JCB is now launching the full rollout of the campaign across online business, financial and payments industry media.Ray Shinzawa, Managing Director, JCB International (Europe) Ltd., said: "JCB offers a truly distinctive proposition for our partners across Europe to tap into Asian consumer spend and build their business, differentiating ourselves through a 60+ year track record of reliability and expertise, combined with our unique focus on Japanese principle of omotenashi. Through this campaign, we are showing our prospective audience how JCB delivers the highest standards of customer care, support and protection, providing seamless, trusted payment experiences to our partners and Cardmembers alike."Victoria Perea-Usher, Vice President, Marketing Communications, JCB International (Europe) Ltd., said: "We are increasing our marketing efforts across Europe, and have a razor-sharp mandate on building a more valuable brand for our business partners. This transformational commitment for a refreshed brand identity starts with #BetterWithOmotenashi. We want our audience to internalise JCB's core values and remind themselves that we will continue to build on our mission, one trusted partnership at a time. In fact, our new brand campaign was curated and created with, and for, our business partners across Europe."To find out more about #BetterWithOmotenashi, click here: https://www.thepaymentshub.net/better-with-omotenashi/ About JCBJCB is a major global payments brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB issues cards across various countries and regions internationally with more than 150 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/MEDIA CONTACTS:JCB International (Europe) Ltd.Diana Lee: Dlee@jcbeurope.euJCB (Head Office in Japan)Ayaka Nakajima: jcb-pr@jcb.co.jp Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Trintech Announces Latest Release of CadencyDirect to Drive Greater Efficiency and Control across the Financial Close Process for ServiceNow Customers

August 17, 2022

DALLAS, TX, Aug 16, 2022 - (ACN Newswire via SEAPRWire.com) - Trintech, a leading provider of cloud-based financial close solutions for the Office of Finance, today announced the latest release of CadencyDirect which extends digital workflows for the Office of Finance with new bi-directional workflows for close tasks, enhanced Journal Entry management capabilities, and a greater user experience."With this release, we are helping F&A teams continue to achieve enhanced visibility and control of critical financial data in order to handle risk with confidence," said Michael Ross, Chief Product Officer of Trintech. "With these new bi-directional workflows, ServiceNow customers are positioned to reduce complexity and risk, accelerate the overall process, and drive a greater experience for their teams."Key capabilities of this release include:- Bi-Directional Workflows: Users can individually or bulk close or reopen tasks within the ServiceNow(R) Application- Enhanced Journal Entry Dashboard: Users can now filter and view all Journal Entry detail components- Enhanced User Experience: Users can now access the CadencyDirect platform in a one-click, SSO-enabled user experience"We are continuing to see companies driving digital transformation initiatives, including within the Office of the CFO," said Erica Volini, Senior Vice President, Global Alliances & Partner Ecosystem at ServiceNow. "Instrumental in our partnership with Trintech, CadencyDirect is representative of the technology investments companies must make to drive business transformation. CadencyDirect connects a historically siloed finance team to the broader enterprise for better collaboration, improved employee experience and enhanced operational excellence."CadencyDirect is certified as part of the ServiceNow Built on Now(TM) program that complements and extends financial operations management so that CFOs and their teams can digitize workflows across the financial close process - helping to reduce complexity and risk, accelerating the overall process, and driving a greater experience for the entire enterprise. The platform combines all financial close activities into a single, seamless process, including operational matching, intercompany transaction management, balance sheet reconciliations, journal entry management, close task management and compliance and provides a connected, collaborative ecosystem by leveraging a mature and very robust set of financial controls, along with deep automation and integration capabilities that seamlessly connects with leading ERPs such as SAP(R), Oracle(R), and NetSuite(R).Whether you're an experienced ServiceNow user looking to synchronize your mature or in-progress digital transformation, or just starting your transformation journey, CadencyDirect is where Financial Transformation meets Digital Transformation. For more information, please contact either your appropriate ServiceNow or Trintech representative or go to www.trintech.com/CadencyDirect for more information.About TrintechTrintech Inc., a pioneer of Financial Corporate Performance Management (FCPM) software, combines unmatched technical and financial expertise to create innovative, cloud-based software solutions that deliver world-class financial operations and insights. From high volume transaction matching and streamlining daily operational reconciliations, to automating and managing balance sheet reconciliations, intercompany accounting, journal entries, disclosure reporting and bank fee analysis, to governance, risk and compliance - Trintech's portfolio of financial solutions, including Cadency(R) Platform, Adra(R) Suite, and targeted tools, ReconNET(TM), T-Recs(R), and UPCS(R), help manage all aspects of the financial close process. Over 3,500 clients worldwide - including the majority of the Fortune 100 - rely on the company's cloud-based software to continuously improve the efficiency, reliability, and strategic insights of their financial operations.Headquartered in Dallas, Texas, Trintech has offices located across the United States, United Kingdom, Australia, Singapore, France, Germany, Ireland, the Netherlands and the Nordics, as well as strategic partners in South Africa, Latin America and the Asia Pacific. To learn more about Trintech, visit www.trintech.com or connect with us on LinkedIn, Facebook and Twitter.ServiceNow, the ServiceNow logo, Now, Now Platform, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries.Media Contact:Kelli ShoevlinSr. Manager, Global Corporate Marketing & Communicationskelli.shoevlin@trintech.comSOURCE: Trintech, Inc. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

World first as entire city’s transport network is digitally connected with Hitachi’s new Smart Mobility suite

July 20, 2022

GENOA, Italy, Jul 20, 2022 - (JCN Newswire via SEAPRWire.com) - In a move that is set to trigger a revolution in how people around the world will travel in towns and cities, Hitachi Rail has digitally connected public and private hire transport across an entire city. The milestone has been achieved using technology from Hitachi's new smart mobility suite called Lumada Intelligent Mobility Management, launched today.The technology can be used in towns and cities across the world. In the launch programme - in Genoa, Italy - Hitachi has connected 663 buses, 2500 bus stops, the metro line used by 15 million p.a., two funiculars, one historic hillside railway, 10 public lifts and two suburban bus routes that span 50km. Users also have the power - via the touch of a button on their mobile phones - to hire an electric car, pay for parking or find an e-moped.Power to the passengerAs part of the world-first trial, Hitachi's 360Pass smart ticketing app has eradicated the need to purchase a traditional paper ticket ever again; or to "touch-in" or download multiple apps for different transport services.The 360Pass connects Bluetooth sensors that know when a passenger with the mobile app has boarded, how far they have travelled and when they disembarked. Users can take multi-modal journeys, but the 360Pass system will ensure they only pay the best possible fare at the end of each day.The 360Pass app offers more personalised information about public transport journeys, including the fastest and most convenient multi-modal route options and real time journey updates.It also allows passengers to check how busy bus services are through the app, enabling them to choose less crowded services. This feature can help allay the increased anxiety about crowding post-Covid19, which a recent independent study found to be the second biggest determinant passenger satisfaction.(1)360Pass is being delivered in partnership with the city's public transport operator, AMT, and the Municipality of Genoa, using the local brand name GoGoGe. The technology is part of the municipality's drive to boost the usage of both public and private e-hire services. The innovative project aims to provide more easily identifiable solutions to the "last mile" problem faced by passengers and public transport authorities around the world.Game-changer for transport authorities and operatorsGenoa, home to two-thirds of a million people, faces similar transport challenges to cities around the world - congestion, emissions and delivering quality services. The ambition on behalf of the city's leadership is to unlock a step change in the use of sustainable mass transport across the metropolitan area.Technology offers a way to reduce the reliance on private vehicles - helping the municipality to meet its goals for congestion relief and reducing emissions - while optimising costs and the provision of transportation across the region. In cities such as Istanbul or London, drivers currently lose an average of 142 and 227 hours per year in congestion respectively, and optimising multi-modal public and hire transport can slash these wasted hours.In addition to the 360Pass mobile app for passengers, the Lumada Intelligent Mobility Management suite gives operators the ability to connect, scale and optimise their city's entire transportation network in real time.The over 7,000 Bluetooth sensors installed in Genoa allow the creation of a "digital twin" of the region's transport and passengers' end-to-end multimodal journeys. This real-time electronic map of how the city is moving is a powerful tool to allow operators to optimise services, timetables and create a system that better accommodates the changing peaks and troughs in passenger demand. It can identify the issues that deter public transport usage, such as congestion, emissions, crowding or gaps in services.In addition to smart ticketing, the suite can combine solutions to help operators control traffic flow and service patterns in real time, allow operators to react more effectively to disruption or large scale events (concerts or sporting) happening across the city. Further, by join up information about the level of emissions and congestion in different geographical area, it allows operators to make smart decision about where to target electrification of services first and prioritise locations for charging for e-bus and e-car fleets and infrastructure.Alessandro de Grazia, Group Head of Smart Ticketing, Hitachi Rail, said: "Hitachi's Lumada Intelligent Mobility Management suite is a world first for smart mobility and can improve urban transport in cities around the world. For the first time, passengers can plan and access the most convenient multi-modal journey for the cheapest fare, without ever removing their phone from their pockets."Today, cities face the challenges of growing public transport use to reduce emissions, cut congestion and boost their recoveries. Our new solutions - proven in Genoa - provide a uniquely powerful platform for operators around the world. From Dusseldorf to Dubai, Istanbul to Toronto - we can help operations connect, scale and optimise their entire transportation network through a single platform."As a global leader in transport and technology, Hitachi's vision for smart mobility is to digitise and optimise every part of the journey across different types of public transport. The new suite embodies Hitachi Rail's holistic vision for smarter mobility, incorporating solutions across three key areas: smart ticketing, mobility management and electrified mobility solutions. While the firm is known for delivering trains and rail infrastructure around the world, including the iconic shinkansen bullet trains, the digitisation of transport systems is an important and growing area of focus.About Hitachi's Lumada Intelligent Mobility Management suiteLumada Intelligent Mobility Management is Hitachi's new suite of smart mobility solutions for cities, transport operators and passengers.The suite represents Hitachi Rail's 360 degrees vision for smarter mobility, incorporating solutions across three key areas:- smart ticketing (including 360Pass)- flow management for people and vehicles; and- electrified mobility solutions Using the suite's 360Motion platform, a real time analytics tool that creates a digital twin of a city's entire transportation network, operators can connect, scale and optimise any combination of these services. As a flexible platform, 360Motion can integrate technology from any existing provider, or draw from the range of solutions within the wider Hitachi group.By offering "as a service" business models to customers, Hitachi Rail aims to make it easier than ever for cities, operators and passengers to accelerate the transformation to more sustainable transportation.About 360Pass: "hands-free" Smart Ticketing technologyPart of Lumada Intelligent Mobility Management's smart ticketing offering, Hitachi Rail is also launching the new 360Pass mobile application for passengers, available on iOS and Android smart phones. The app, launched now available in Genoa, will be rolled out on a city-by-city basis in partnership with local transportation authorities and operators.The connected Bluetooth sensor are easy to install and powered by batteries that last for around five years. The installation and set-up light infrastructure in Genoa took less than six months to be fully-operationally ready. Having proved successful with city's complex mix of public transport modes and challenging geography (dense, hilly and built around successive bays and valleys), Hitachi Rail is confident the technology could be applied to any city around the world.In addition to conventional mobile ticketing capabilities, such as e-ticketing and QR codes, 360Pass is offers innovative hands-free "BeIn BeOut" technology that provides ticketless transportation across multiple modes of transport.The technology uses a network of sensor nodes, installed at strategic points across a transport network, including on trains, buses, parking lots at stops and stations, which connect with the user's 360Pass app via Bluetooth.Once a passenger begins a journey, the app connects with each sensor it passes on the route, recording the full multi-modal journey; for example, different sensors will register a passenger moving between a bus and a metro service. The app then uses the recorded data to calculate the best-priced fare for the passenger at the end of the day, and sends a receipt for the final fare at 3am the next day.The app also provides more personalised information to the passenger, based on the context of their journey - predicting crowding at future stops, and alerting passengers as they approach their destination.Aside from providing a seamless experience for the passenger, the technology can deliver significant benefits for operators, including enhanced data on passengers' full multi-modal journeys, supporting the optimisation of timetables. The technology also has the potential remove large queues and bottlenecks around ticket barriers by using the technology at the entrance to platforms or vehicles.Hitachi Rail's new launch programmes, and decades of experience conventional ticketing, are proving the viability of technology that connects multiple modes of transport across an entire city or region.(1) Source: An independent survey of passengers completed by Transport Focus about views on travel.About Hitachi RailHitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 14,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world famous "bullet trains", to our signalling solutions and turnkey projects, state-of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group's market-leading technology and research-and- development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)